What is token coinage?

Discussion in 'World Coins' started by Patrick1, Jan 12, 2019.

  1. Patrick1

    Patrick1 Member

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  3. cpm9ball

    cpm9ball Cannot Re-Member

    First, welcome to the neighborhood, Patrick!

    You'll have to be more specific. I don't know what you mean. Are you referring to tokens, in general, or are you referring to a specific token?

    Chris
     
  4. Patrick1

    Patrick1 Member

    Thxs for the warm welcome.
    I just got this coin from Tunisia. And looking at the 46th edition (2019) of Krause, if you look page 2173 my 1941 1 franc coin (KM# 247), is listed under "Anonymous token coinage".
    No clue what that means.

    Thxs

    Pat
     
  5. tommyc03

    tommyc03 Senior Member

    From Merriam Webster...
    token coin
    noun
    plural token coins
    Definition of token coin
    : a coin having an intrinsic value less than its face value — compare standard coin … if the metal content of a quarter is worth less than its face value of 25 cents, the quarter is a token coin.— Money and Banking, 1985
     
    Pickin and Grinin likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    Welcome to CT.

    What Tommy said.
     
  7. sonlarson

    sonlarson World Silver Collector

  8. Patrick1

    Patrick1 Member

    Thxs to all

    Pat
     
  9. Hiddendragon

    Hiddendragon World coin collector

    I think in this case it means that it wasn't issued by the official government, but I think they did circulate as money. The same is true for French 1 and 2 francs from the 1920s. I just think of them as regular coins in this case.
     
  10. Patrick1

    Patrick1 Member

    That makes sense, thxs

    Pat
     
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